Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.027%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2512.512% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.357%+$36 · spread now +0.027%, 7d avg −0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.107% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate METIS_USDT | 3.5370 | 0.0100 | pay 0.0050% / 4h | 53m 20s | $153K | $138K | 50x |
| Short | Binance METISUSDT | 3.5379 | 0.0100 | get 0.0050% / 4h | 53m 20s | $2.2M | $4.2M | 50x |
Gate METIS_USDT
Binance METISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.027% → −0.080%
- $10.7
- Slippage, 4 orders
- −$226.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$240.46
- Costs to cover
- 2.512%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; Binance: live order book, 14 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 62 min ago | 15.55 bp | 71.0 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 4.23 bp | 23.8 bp −$24 | 121.7 bp −$1,217 | doesn't fit | doesn't fit |
METIS on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −9.245% | — | $40K | 5.5x | as long as short |
| Kraken Futures PF_METISUSD | +0.0089% | 1h | 3.5354 | −0.046% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5391 | +0.058% | $12K | $21K | 5x | as long as short |
| Binance METISUSDTshort | +0.0100% | 4h | 3.5379 | +0.027% | $2.2M | $4.2M | 50x | |
| Bybit METISUSDT | +0.0100% | 4h | 3.5460 | +0.254% | $699K | $587K | 20x | as long as short |
| Gate METIS_USDTlong | +0.0100% | 4h | 3.5370 | long leg | $153K | $138K | 50x | |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5390 | +0.057% | $656K | $226K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5370 | 0.000% | $209K | $431K | 50x | as long as short |
| Variational Omni METIS | +0.0100% | 4h | 3.5484 | +0.323% | $33K | $33K | — | as long as short |
| OKX METIS-USDT-SWAP | +0.0117% | 4h | 3.5380 | +0.028% | $394K | $974K | 10x | as long as short |
Injective METIS/USDC PERP
Kraken Futures PF_METISUSD
Aster METISUSDT
Bybit METISUSDT
MEXC METIS_USDT
Bitget METISUSDT
Variational Omni METIS
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0160% | 4h | 3.5370 | 0.000% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0854% | 4h | 3.5500 | +0.368% | $636K | $196K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM